TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0186%/8h= −20.3% APRnext payment −$0.23 per $10,000 · paid last 24h +0.012%

Price spread now: Aevo against Kraken Futures−0.083%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aevo is 0.083% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_TRUMPUSD	2.1654	0.0290	pay 0.0036% / 1h	6m 44s	$1.3M	$2.2M	50x
Short	Aevo TRUMP-PERP	2.1636	0.0104	get 0.0013% / 1h	6m 44s	$19K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee AevobpOrdersPrice spread, now −0.083%Rate

Funding earned: −$39.01
Price spread: −0.083% → 0.000%: −$8.35
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$73.35
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 2 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 2 min ago	4.61 bp	20.0 bp −$20	32.4 bp −$324	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TRUMP on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1659%	1h	2.1580	−0.341%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1641	−0.059%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0069%	1h	2.1625	−0.133%	$83	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0038%	4h	2.1610	−0.202%	$7.6M	$50.2M	75x	as long as short
Lighter TRUMP	−0.0024%	1h	2.1602	−0.239%	$954K	$906K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1686	+0.147%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1647	−0.031%	$407K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1660	+0.029%	$42K	—	150x	as long as short
Bybit TRUMPUSDT	+0.0022%	4h	2.1600	−0.249%	$30.7M	$48.6M	50x	as long as short
Paradex TRUMP-USD-PERP	+0.0027%	8h	2.1660	+0.026%	$5K	$175	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TRUMPUSDC	+0.0050%	4h	2.1694	+0.187%	$106K	$263K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0069%	4h	2.1640	−0.064%	$4K	$236K	10x	as long as short
Variational Omni TRUMP	+0.0080%	4h	2.1731	+0.355%	$685K	$456K	—	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1637	−0.078%	$14.3M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1646	−0.036%	$428K	$827K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1667	+0.060%	$186K	$53K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1605	−0.227%	$62.5M	$237.9M	75x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1600	−0.249%	$27.5M	$170.2M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1620	−0.156%	$415K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1620	−0.156%	$4.0M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1620	−0.156%	$15.6M	$25.5M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1650	−0.018%	$253K	$317K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1690	+0.167%	$177K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1650	−0.018%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1660	+0.029%	$532K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1599	−0.252%	$74K	$750K	25x	as long as short
Aevo TRUMP-PERPshort	+0.0104%	1h	2.1636	−0.083%	$19K	—	3x
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1656	+0.009%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSDlong	+0.0290%	1h	2.1654	long leg	$1.3M	$2.2M	50x
BloFin TRUMP-USDT	+0.0340%	4h	2.1650	−0.018%	$4.3M	$654K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1640	−0.064%	$280K	$284K	50x	as long as short